Technoeconomic assessment of hydrogen cogeneration via high temperature steam electrolysis with a light-water reactor
Konor Frick,
Daniel Wendt,
Paul Talbot,
Cristian Rabiti and
Richard Boardman
Applied Energy, 2022, vol. 306, issue PB, No S0306261921013386
Abstract:
Increased electricity production from renewable energy resources, coupled with low natural gas (NG) prices, has caused existing light-water reactors (LWRs) to experience diminishing returns from the electricity market. This reduction in revenue is forcing LWRs to consider alternative revenue streams, such as introduction hydrogen production or desalination, to remain profitable. This paper performs a technoeconomic assessment (TEA) regarding the viability of retrofitting existing pressurized-water reactors (PWRs) to produce green hydrogen (H2) via high-temperature steam electrolysis (HTSE). Such an integration would allow nuclear facilities to expand into additional markets that may be more profitable in the long term and eliminate CO2 emissions from the hydrogen production process. To accommodate such an integration, a detailed single market levelized cost of hydrogen (LCOH) and multimarket analyses were conducted of HTSE process operation, requirements, costing, and flexibility. Alongside this costing analysis, market analyses were conducted on the electric and hydrogen markets in the PJM interconnect.
Keywords: High-Temperature Steam Electrolysis (HTSE); Pressurized-water reactor; Risk Analysis Virtual ENvironment (RAVEN) (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (11)
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DOI: 10.1016/j.apenergy.2021.118044
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